Scottsdale, AZ (PRWEB) March 28, 2011
A real estate cramdown process may take over a year, and was in a position to force the banks and lenders to minimize loan balances making a principal reduction of the loan so you could maintain the investment properties with a crammed down new loan balance reflecting today’s current marketplace values.

Robert Highsmith says “if you walk away from a investment house, or foreclose, or do a brief sale, or wait months for a loan modification, you finish up with nothing to show for your difficult operate, except poor credit, while with a forced loan principal reduction or cramdown, you nevertheless may get to hold your investment house, at today’s depression rates, and hold on to see a financial turnaround”.

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